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Singapore Airlines - CGS-CIMB Research 2022-12-06: Merger Of Vistara & Air India ~ Better Than Standing Alone

Singapore Airlines - Merger Of Vistara & Air India ~ Better Than Standing Alone

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SINGAPORE AIRLINES LTD (SGX:C6L) | SGinvestors.ioSINGAPORE AIRLINES LTD (SGX:C6L)
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  • SIA has also committed to inject up to a further S$880m into Air India with respect to the latter’s opex and capex needs during FY23F and FY24F, in proportion to its 25.1% stake. Tata Sons will inject all the necessary funds into Air India on SIA’s behalf while the transaction is still pending completion, with SIA only injecting funds at the completion of the sale transaction, targeted for Mar 2024.

    • Financial impact of Vistara-Air India deal on SIA

    • Read more at SGinvestors.io.




    Above is the excerpt from research report by CGS-CIMB.
    Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.



    Raymond YAP CFA CGS-CIMB Research | https://www.cgs-cimb.com 2022-12-06


    Read also CGS-CIMB's most recent report:
    2024-01-09 Singapore Airlines - Upgrade To ADD For Big Returns Over Half Year.

    Previous report by CGS-CIMB:
    2023-11-08 Singapore Airlines - Somewhat Overcast Skies Into 2HFY24.

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